Property Predictions 2020

So now we can look forward to Christmas with the election behind us. Whether that was the party you voted for or not the fact remains the that the financial markets here and abroad plus the mortgage lenders have now breathed a sign of relief. What I can say with relative certainty is that asking prices in the West midlands with of course Wolverhampton being the centre of the property universe will rise in 2020. How much will this predicted price rise be according to Rightmove the main property portal around 2%.

The main factor being increased consumer confidence now we have a stable government and of course business confidence will also grow now the country has a plan with a defined outcome. When you add into the mix very low mortgage rates with the mortgage lenders in fierce competion with each, other the future looks good. See previous article –  https://www.applefinance.co.uk/the-ten-year-mortgage-battle/            

“I feel that buyers and sellers will come back to the Wolverhampton property market in 2020 they have been waiting for political certainty to re-enter the market and that has now happened.”

If you would like a free chat about your circumstances and a professional recommendation on a mortgage or bridging product to suit your needs, call Paul on 01902 213201

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